832.5151/1237: Telegram
The Secretary of State to the Chargé in Brazil (Scotten)
135. Your 269, November 22, 10 a.m. Having received a copy of your telegram the Treasury Department advises that the Secretary of the Treasury asked Penteado to convey to Sousa Costa a message to the effect that on the occasion of Sousa Costa’s visit they worked out the existing gold credit arangement; it is the desire of the United States Treasury to work very closely with the Brazilian Treasury; the United States Treasury has been making some preliminary studies looking to further cooperation in this field and Secretary of the Treasury Morgenthau wished to know if Sousa Costa had any suggestions as to further steps which might be taken.